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RETAIL BANKING | Cesar Tordesillas, Vietnam

GPBank eyes gross profit growth of 64%

GPBank passed the plan for this year's target of 35 trillion dong in total assets up 26 percent.


The bank is also eyeing total deposits from individuals and institutions of 22 trillion dong, up 34 percent, and total outstanding loans at 11 trillion dong, up 64 percent.

The lender also expects to gain pre tax profit at 450 billion dong, NPLs at less than 1.5 percent and expand its network to over 100 transaction sites nationwide.

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